VA Loans – PrimeLending VA Mortgage

What is a VA Loan?

A VA loan is a mortgage loan that is guaranteed by the U.S. Department of Veterans Affairs (VA). It was designed to provide eligible American veterans or their surviving spouses long-term financing.

Does PrimeLending offer VA Loans?

Yes, PrimeLending is a qualified lender that can issue VA Loans to eligible borrowers in most states. PrimeLending offers VA loans with great rates and does not require a down payment. With PrimeLending’s VA loans programs, qualified borrowers can receive 100% financing and a loan amount up to $417,000.

Who qualifies for a VA Mortgage Loan?

Veterans

Active-Duty Service Members

Reservists & National Guard (who have served or do serve on active duty)

What properties qualify for a VA Mortgage Loan?

1-4 Family Residential Properties

VA or FHA-Approved Condominiums

Townhomes

What is included in PrimeLending’s VA Financing Program?

A maximum loan amount of $417,000 if no down payment is provided

A maximum loan amount of $417,000+ if a down payment is provided

A VA Funding Fee – 1.4% First Use and 2.8% Subsequent Use

A waived VA Funding Fee for disabled veterans

The seller is permitted to pay All Customary Closing Costs, Prepaid Items and Owner’s Title Policy

The seller is limited to 4% of Discount Points and Non-Customary Charges

To contact a loan expert, use the contact form to the left or call (800) 308-8503.

We at New American Funding take great pride in our customer service and make it our number one priority. We encourage you to contact us for complaint resolution or any post-closing questions you may have regarding the servicing of your loan. We strive to have your experience with New American Funding a stellar one. In the rare case that our service did not meet your expectations, please call our customer care hotline at 1-800-450-2010, ext. 7100 or you may contact us by email at customerservice@nafinc.com. Please leave a detailed message and we will follow up with you no later than the end of the next business day.Texas Department of Savings and Mortgage Lending.